HYUNDAI FEED Stock Forecast - Accumulation Distribution

016790 Stock  KRW 994.00  0.00  0.00%   
HYUNDAI Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HYUNDAI FEED stock prices and determine the direction of HYUNDAI FEED's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HYUNDAI FEED's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 25, 2024 HYUNDAI FEED had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which HYUNDAI FEED is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of HYUNDAI FEED to determine if accumulation or reduction is taking place in the market. This value is adjusted by HYUNDAI FEED trading volume to give more weight to distributions with higher volume over lower volume.
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HYUNDAI FEED Trading Date Momentum

On October 28 2024 HYUNDAI FEED was traded for  994.00  at the closing time. The highest price during the trading period was 994.00  and the lowest recorded bid was listed for  994.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 28, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for HYUNDAI FEED

For every potential investor in HYUNDAI, whether a beginner or expert, HYUNDAI FEED's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HYUNDAI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HYUNDAI. Basic forecasting techniques help filter out the noise by identifying HYUNDAI FEED's price trends.

HYUNDAI FEED Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HYUNDAI FEED stock to make a market-neutral strategy. Peer analysis of HYUNDAI FEED could also be used in its relative valuation, which is a method of valuing HYUNDAI FEED by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

HYUNDAI FEED Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of HYUNDAI FEED's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of HYUNDAI FEED's current price.

HYUNDAI FEED Market Strength Events

Market strength indicators help investors to evaluate how HYUNDAI FEED stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HYUNDAI FEED shares will generate the highest return on investment. By undertsting and applying HYUNDAI FEED stock market strength indicators, traders can identify HYUNDAI FEED entry and exit signals to maximize returns.

Pair Trading with HYUNDAI FEED

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HYUNDAI FEED position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HYUNDAI FEED will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to HYUNDAI FEED could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HYUNDAI FEED when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HYUNDAI FEED - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HYUNDAI FEED to buy it.
The correlation of HYUNDAI FEED is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HYUNDAI FEED moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HYUNDAI FEED moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HYUNDAI FEED can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in HYUNDAI Stock

HYUNDAI FEED financial ratios help investors to determine whether HYUNDAI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HYUNDAI with respect to the benefits of owning HYUNDAI FEED security.